Building a portfolio around companies that pay regular cash dividends, so the holding produces income whether or not the share price rises. It suits a long horizon and a tolerance for boring companies, since the reliable payers on the PSE are mostly mature banks, utilities and property firms rather than fast-growing ones. The work is in checking a payout is sustainable rather than in finding the largest number: sort the screener by yield and the top of the list is where dividend traps collect.
See every term in the full PSE investing glossary.